The Sectoral Structure of the Economy of Russian Regions as a Factor of their Development in 2020
Year: 2021
Type: article
Abstract: The dynamics of development and the structure of the economy of Russian regions are considered in the article on the basis of data on the volume of goods shipped, works performed and services performed by own forces for a full range of organizations in 2019 and 2020, as well as industrial production indices; the “shift and share” method is used. It is shown that, as in all previous crises, the sectoral structure of the regional economy was a significant factor in their economic dynamics. Despite the specifics of the crisis caused by the COVID-19 pandemic (the maximum rate of decline in some types of services and the extraction of fuel and energy resources; on the contrary, significant growth in healthcare, the production of medicines and medical materials, and the IT sector), in 2020, patterns typical of all economic crises appeared. This is a positive impact on the economic dynamics of the regions of a high degree of economic diversification and the availability of high-tech industries, highly qualified personnel; as a result, in
Source: Federalism
Authors: O. V. Kuznetsova, R. A. Babkin
Institution: Plekhanov Russian University of Economics
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W3203243585